Ok, the worries now is not interest rate, it is funding with banks/ credit crunch expected. Small cap and this will struggle likely. I have to admit, getting cheap $S&P Biotech Bull 3X Shares(LABU)$ empire spoilers GIF

At the current share price, or if it dips any lower, it will end up being a fantastic mid-long term investment. Unfortunately, many won’t have that vision because they are only trying to flip it for short term gains. I am still kicking myself for not buying banks back in the 2008-9 financial crisis, could have made a fortune! Time and patience will be rewarded, just got to filter the negativity and stick to the facts.

"What's most intriguing is that Altimeter Capital selected Grab as its SPAC partner" What is more intriquing is Altimeter Capital sold out its entire position last quarter at the bottom.I've been to Bangkok multiple times. Yes, Grab has a huge presence there BUT the competition in the delivery space is incredibly fierce and endless. Lineman, Food Panda, et al. NO WAY they will dominate this space, much less take market share so this particular segment is capped. Mobility will continue to grow as tourism returns as the farang are much more likely to use GRAB than local taxi (dumb move tho - local taxi is dirt cheap krup lol).$Grab Holdings(GRAB)$

Short crooks are getting out from high tech longer term Puts while they can. They are realizing that with stable employment, banking, and declining inflation this is their last chance. Sustained bull rally starts this week. $Shopify(SHOP)$ Buzz Lightyear Berlin GIF

PENN is profitable but most of the 500+ million profit in Q1 was non-cash and it will be reversed when PENN writes down the Barstool investment in Q3. However, PENN is producing significant free cash flow from their traditional business which they can invest into the OSB business without needing external capital. I think it is quite likely that ESPN insisted that Portnoy and Barstool get pushed out and might have sweetened the terms of the deal to achieve that. Otherwise, last year Draftkings was reported to in discussion for a similar deal with ESPN for 3+ billion dollars. PENN traded at $29.30 after earnings, and the calls went up from $0.90 to more than $3.80 intraday, for a fantastic 4.20X Profit! Impressive!Congrats to those who bought the calls!

$Apple(AAPL)$ In a technical analysis forecast that could signal a turnaround for Apple Inc., the charts are indicating a potential shift in momentum. The falling wedge pattern observed is suggesting a consolidation phase that could prelude a bullish reversal, aligning with the optimism surrounding the company's innovative trajectory.Technical analysts are eyeing a target of $180 by July 24, 2024, a notable ascent from its current position. This anticipated recovery to the $180 threshold represents a significant price movement for investors closely monitoring Apple's performance metrics.In the near term, traders and investors alike will be watching for signs of strength as the stock navigates through its current technical

Heading north today and tomorrow into options expiration. Market maker manipulation.GRAB was up despite the NASDAQ being down over the last two days. What happened to the market maker manipulation? $Grab Holdings(GRAB)$

PM has an excellent first quarter.Reported net revenues up by 9.6%, excluding currency.Market share for HTUs in IQOS markets up by 0.9 points to 9.0%. (wait until IQOS launches in the US next year, it will be a slam-dunk)Adjusted in-market sales volume for HTUs, which excludes the net unfavorable impact of estimated distributor and wholesaler inventory movements, up by 16%.ZYN nicotine pouch (NP) shipment volume in the U.S. of 73.2 million cans, representing growth of 46.7% versus first-quarter 2022 Swedish Match shipments of 49.9 million cansWith the market as jittery as it is, we may get more opportunities to buy. Those who are patient will be amply rewarded, I am sure. No need to succumb to fear of missing out (even though that's often easier said than done).

Don't shy away from NVDA. Generative AI is the driving force of the future. Jensen Huang has been trying to inform the public but because of securities laws he can only say so much.... Every large company in the world is investing in AI and all of the money runs through NVDA! It will take years to build out the AI infrastructure. Go long NVDA!! NVDA will make you rich within the next ten years just as it did the last. Don't fight technology. Invest in NVDA!!

I Love the new meeting policy. Excellent management!Tweet from Harley Finkelstein ⬇️ On Jan 3 2023, we got rid of all recurring mtgs of 3+ ppl - netted over a year, that's 322,000 less hours of mtgs, or ~37 years of mtgs. The results: - Company-wide mtg-free Wednesday - Mtg time per person is down 33% vs last year - We expect to see 25% MORE projects completed.

I don’t think any investor will blame SE management for the incredible speed at which it has moved its focus from top line to bottom line.It shows unusual ability to adjust to current context.Expanding in new countries/markets has a cost and no ‘growth investor’ will validate GMV reckless growth at any cost.Likewise closing countries where ramping up sales could prove too long and too costly for their current balance sheet confirms SE pragmatic approach.Once visibility improves I have no doubt top line will reaccelerate.$Sea Ltd(SE)$

To stem the damage and stave off a bigger crisis, the Fed and Treasury created an emergency program to backstop deposits at both Signature Bank and Silicon Valley Bank using the Fed’s emergency lending authority.While depositors will have access to their money, equity and bondholders at both banks are being wiped out, a senior Treasury official said.If you lost money in this stock you need to call your congressman and senator. No joke. It was a political attack. The bank had 3X the cash to cover deposit requests. Zero chance of insolvency. Zero. Shareholders need to be made whole. $Signature Bank(SBNY)$

I am very careful in selling calls.This is a war zone as often the case with heavily shorted stocks, but there is nothing amiss with GME, either on the long side or short side, that is present in numerous other stocks, except for perhaps the level of pumping by some of the longs and the swirl of unfounded conspiracy theories.I think GME had an outstanding quarter. I don't think they will turn a profit in the next two quarters, but they have positioned themselves nicely to turn another profit come the Holiday quarter again. Whether they can become profitable for an entire year, is still to be determined. If they can, then they have a good, though modest, future as a retailer. Now, if they become an ecommerce giant, that is different, but I have yet to see evidence of that happening.

I have lived and worked in Southeast Asia. The ride-hail business is already cutthroat with just 1 or 2 competitors. Because drivers can easily switch companies depending on which is willing to pay more in incentives or charge lower commissions. In fact, the media has reported that many drivers in Singapore are driving for 2 or 3 companies at any time, depending on which app gives a better fare or incentive. So I don't think GRAB can slash incentives without consequences to revenue.In other areas, we too are seeing intense competition in food delivery, as well as payment wallets. Many restaurants are happy to take orders simultaneously from multiple platforms.The main problem here is that for every service that GRAB currently provides, any competitor can copy and do the same. In fact, it m

RBLX 1Y EV/Revenue and EV/ EBITDA ValuationsRBLX 1Y EV/Revenue and EV/ EBITDA ValuationsS&P Capital IQFor now, RBLX trades at NTM EV/ Revenues of 4.68x and NTM EV/ EBITDA of 49.63x, moderated compared to its 1Y mean of 6.47x/ 64.86x and hyper-pandemic peak of 21.97x/ 87.93x, respectively.Despite so, it is also important to note that the stock currently trades with massive baked-in premiums, compared to its entertainment peers such as, Activision Blizzard (ATVI) at NTM EV/ EBITDA of 16.68x, Take-Two Interactive (TTWO) at 26.07X, and sector median of 11.29x, respectively.Consensus Forward EstimatesConsensus Forward EstimatesTikr TerminalPerhaps the optimism embedded in RBLX's valuations is attributed to the consensus top and bottom line expansions at impressive CAGRs of +15.4% and +20.6%

The following is an excerpt that discusses one of the hottest plays in this year's stock market, the Invesco QQQ ETF (NASDAQ:QQQ). We are anticipating a correction soon. Our main question is: how bad will it get?Tracking & Trading QQQWe track the Invesco QQQ ETF because it has substantially outperformed the S&P 500 since 2002 over all the 5 and 10-year rolling periods. It has done so while still diversified across the top 100 stocks in the NASDAQ.While we usually have at least a 5% position, and up to 40%, in QQQ, because it is volatile, we can also tactically trade it. Most trades will generally last 3-6 months, but they can deviate outside that window shorter or longer.The Magnificent 7What we know about QQQ now, is that the mega caps have surged. The Magnificent 7 as I dubb